Franchising in the healthcare & fitness industry

The trend of development and expansion of healthcare and fitness franchises in the world is becoming a global phenomenon, having in mind the advantages that franchising as a business concept provides in relation to starting your own business. Healthcare and fitness clubs are increasingly deciding to...

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Bibliographic Details
Main Authors: Stanković Milica, Simić Stevan
Format: Article
Language:English
Published: University of Pristina in Kosovska Mitrovica, Faculty of Economics 2021-01-01
Series:Ekonomski Pogledi
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2021/1450-79512102019S.pdf
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author Stanković Milica
Simić Stevan
author_facet Stanković Milica
Simić Stevan
author_sort Stanković Milica
collection DOAJ
description The trend of development and expansion of healthcare and fitness franchises in the world is becoming a global phenomenon, having in mind the advantages that franchising as a business concept provides in relation to starting your own business. Healthcare and fitness clubs are increasingly deciding to enter the foreign market by using franchising as an internationalization strategy with the aim of minimizing costs and business risks. Most of the healthcare and fitness franchise companies come from the USA, but there is also a noticeable trend in the development of healthcare and fitness franchises on a global level. The paper analyzes healthcare and fitness franchise companies that are ranked on the list of top 500 franchises for 2020 according to magazine Entrepreneur. The aim of the paper is to determine the impact of internal factors, the size and the age of the franchise company, on the implementation of franchising as a strategy of internationalization for franchisors in healthcare and fitness industry.
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spelling doaj.art-7d1ee8833f1c4b9aa6c8072f2dbae6ed2024-04-03T17:32:13ZengUniversity of Pristina in Kosovska Mitrovica, Faculty of EconomicsEkonomski Pogledi1450-79512334-75702021-01-01232193210.5937/ekopogl2102019S1450-79512102019SFranchising in the healthcare & fitness industryStanković Milica0Simić Stevan1The Academy of Applied Technical and Preschool Studies, Vranje, SerbiaHeavy B Consulting, Niš, SerbiaThe trend of development and expansion of healthcare and fitness franchises in the world is becoming a global phenomenon, having in mind the advantages that franchising as a business concept provides in relation to starting your own business. Healthcare and fitness clubs are increasingly deciding to enter the foreign market by using franchising as an internationalization strategy with the aim of minimizing costs and business risks. Most of the healthcare and fitness franchise companies come from the USA, but there is also a noticeable trend in the development of healthcare and fitness franchises on a global level. The paper analyzes healthcare and fitness franchise companies that are ranked on the list of top 500 franchises for 2020 according to magazine Entrepreneur. The aim of the paper is to determine the impact of internal factors, the size and the age of the franchise company, on the implementation of franchising as a strategy of internationalization for franchisors in healthcare and fitness industry.https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2021/1450-79512102019S.pdffranchisingfranchisorfranchiseefitness industryhealthcare industry
spellingShingle Stanković Milica
Simić Stevan
Franchising in the healthcare & fitness industry
Ekonomski Pogledi
franchising
franchisor
franchisee
fitness industry
healthcare industry
title Franchising in the healthcare & fitness industry
title_full Franchising in the healthcare & fitness industry
title_fullStr Franchising in the healthcare & fitness industry
title_full_unstemmed Franchising in the healthcare & fitness industry
title_short Franchising in the healthcare & fitness industry
title_sort franchising in the healthcare fitness industry
topic franchising
franchisor
franchisee
fitness industry
healthcare industry
url https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2021/1450-79512102019S.pdf
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